7562 N Us Highway 23 N Highway new Save Request In-Person Tour Request Virtual Tour
Oscoda,MI 48750
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Oscoda Twp
MLS Listing ID 20251017065
Year Built 1960
Annual Tax Amount $4,981
Lot Size 0.340 Acres
Property Description
Turn-Key Lakefront Resort with Proven Income – Zoned Commercial Exceptional opportunity to own a fully operational, short-term rental business on Lake Huron. Lovango Hideaway features four fully furnished, detached cottages on one parcel with private sandy beachfront and established branding through Airbnb/VRBO. Property has generated $65,807.90 in revenue year-to-date (as of July) and is on track to exceed $70,000+ by year-end, consistent with 2024 performance. Dates rented are from Memorial Day weekend through September. Each cottage includes a private bath, kitchen or kitchenette, and sleeps 4–6 guests, with total capacity up to 21 guests comfortably (24 max). Resort amenities include kayaks, beach gear, grills, outdoor dining areas, firepit, and private lake access. Strong repeat bookings and excellent guest reviews (average 9.6/10) make this a rare, profitable, and truly turn-key investment. Additional income potential exists by opening for winter rentals or reclaiming the one week currently held for owner use (estimated value $5,500). Showings limited to Saturdays only due to Airbnb bookings. Open House: Saturday, July 19 from 12:30–3:00 PM. Please verify with agent as we may get an acceptable offer prior to Open House. Located just minutes from downtown Oscoda—named “Paddletown, USA” thanks to its scenic Au Sable River access, Lake Huron shoreline, and vibrant outdoor scene. Guests and owners enjoy nearby hiking, fishing, kayaking, golf, River Road Scenic Byway, Iargo Springs, and year-round local events.Room sizes above are for the main cottage "Northern Air". The following are the room sizes for the remaining cottages. #1 Catching Fireflies - Living Room 10'6 x 11'5, Kitchen/dining 12'5x11'5, Bedroom 1 - 7'7x8', Bedroom 2 – 8'6x8', Bathroom 5'3x5'5 #2 Starry Nights - Living Room 12'6x12, Kitchen 10'9x11'8, Bedroom 1 7'7x9', Bedroom 2 7'7x9', Bathroom 5'3.#3 Lakeside Splash - Living Room 12'3x10'9, Kitchen 10'7x10'9, Bedroom 1 8'x8'8, Bedroom 2 8x8'5, Bathroom 5'6x5'2
Location
State MI
County Iosco
Zoning Commercial
Interior
Heating Forced Air
Cooling Central Air
Exterior
Amenities Available Pets Allowed
Waterfront Description Lake
View Y/N No
Building
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District Oscoda
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional